Tech Transfer Central
Tech Transfer eNews

Tech Transfer E-News provides a weekly round-up of current news and information in the world of tech transfer, delivered every Wednesday (sign up here). It is published by Technology Transfer Tactics newsletter, which is available as a monthly subscription. For more information or to order a subscription click here, or for a sample issue, click here.

U Pittsburgh start-up is developing a solution to the superbug crisis

A University of Pittsburgh start-up is developing a technology to prevent a superbug epidemic.

Peptilogics recently closed on a $5.5 million Series A funding round led by star investor Peter Thiel. The start-up is preparing to launch clinical trials for its products, which attack dangerous antibiotic-resistant bacteria by creating weak spots in cell membranes to kill the cells.

While the World Health Organization has identified 51 new products to treat priority antibiotic-resistant organisms, only eight of those were labeled as innovative treatments that would add value to current treatments.

According to Peptilogics chairman Dietrich Stephan, the startup’s products “work in a way that no other antibiotics work.”

“They kill every type of bacteria we have exposed our products to,” says Stephan. “This is a looming global epidemic, and we feel like we’ve got the answer to that, and I think the market agrees.”

Among the organisms that Peptilogics will first target are Gram-negative bacteria, which cause pneumonia and bloodstream infections. The start-up is one of 10 companies that will have work space in Pitt’s new business accelerator.

Source: Pittsburgh Post-Gazette

Posted under: Tech Transfer e-News